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Thread: Does anyone sell for Interac?

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    Does anyone sell for Interac?

    Does anyone use Interac to receive or send payments? Can it be cbed? What are the fees and other aspects like?

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    Fees are similar to Paypal. But it differs from bank to bank I believe. I'm with TD, and they do a base charge + percentage.

    I usually don't like using it from complete strangers. It can't be simply just disputed as on Paypal, but all they have to do is claim their bank account was used without their access, and then your bank would put your whole account on hold and investigate fraud.

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    Haku (02-11-2013)

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    Quote Originally Posted by Lmp View Post
    Fees are similar to Paypal. But it differs from bank to bank I believe. I'm with TD, and they do a base charge + percentage.

    I usually don't like using it from complete strangers. It can't be simply just disputed as on Paypal, but all they have to do is claim their bank account was used without their access, and then your bank would put your whole account on hold and investigate fraud.
    Do you know what the base charge/percentage is for TD? I'm with them too but when I paid for around $50 CAD, I wasn't charged anything extra through interac.

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    Quote Originally Posted by Haku View Post
    Do you know what the base charge/percentage is for TD? I'm with them too but when I paid for around $50 CAD, I wasn't charged anything extra through interac.
    Don't know the exacts, but I'm sure you can find it on your website.
    Doesn't make sense for them to offer such a service, and not take a fee so not sure what happened in your case.

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    Quote Originally Posted by Lmp View Post
    Don't know the exacts, but I'm sure you can find it on your website.
    Doesn't make sense for them to offer such a service, and not take a fee so not sure what happened in your case.
    Besides the obvious alternatives in western union and moneypak, do you know any alternatives? Moneypak is a tremendous bitch due to the U.S. only stuff.

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    Quote Originally Posted by John View Post
    Besides the obvious alternatives in western union and moneypak, do you know any alternatives? Moneypak is a tremendous bitch due to the U.S. only stuff.
    Well there's stuff like Alterpay, Moneybookers, Liberty Reserve, etc.
    The only problem with those is, most customers don't have account on those, and there not willing to try new things out.

    But yeah, that's all the payment methods I'm familiar with.

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    Quote Originally Posted by Lmp View Post
    Well there's stuff like Alterpay, Moneybookers, Liberty Reserve, etc.
    The only problem with those is, most customers don't have account on those, and there not willing to try new things out.

    But yeah, that's all the payment methods I'm familiar with.
    You must spread some Reputation around before giving it to Lmp again.

    thanks homie

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